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Housing Finance Agency Act 1981
Power of Minister for Finance to take up, hold, and dispose of shares of Agency.
7.—(1) The Minister for Finance may, after consultation with the Minister, from time to time take up by subscription or purchase, and hold, shares of the Agency.
(2) The Minister for Finance may, after consultation with the Minister, sell or otherwise dispose of any shares of the Agency taken up or acquired by him.
(3) The net proceeds (if any) of a sale or disposal by the Minister for Finance of shares of the Agency shall be paid into or disposed of for the benefit of the Exchequer in such manner as that Minister thinks fit.
Annotations
Modifications (not altering text):
C6
Functions transferred and references to “Minister for Finance” construed as “Minister for Public Expenditure and Reform” (29.07.2011) by Finance (Transfer of Departmental Administration and Ministerial Functions) Order 2011 (S.I. No. 418 of 2011), arts. 3, 5 and sch. 1, in operation as per art. 1(2).
3. The functions conferred on the Minister for Finance by or under the provisions of —
(a) the enactments specified in Schedule 1, and
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are transferred to the Minister for Public Expenditure and Reform.
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5. References to the Minister for Finance contained in any Act or instrument under an Act and relating to any functions transferred by this Order shall, from the commencement of this Order, be construed as references to the Minister for Public Expenditure and Reform.
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Schedule 1
Enactments
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Part 2
1922 to 2011 Enactments
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Number and Year |
Short Title |
Provision |
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(1) |
(2) |
(3) |
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... |
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No. 37 of 1981 |
Housing Finance Agency Act 1981 |
Sections 3, 5, 6(1), 7, 8, 9, 13(2) and 14 |
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